Exits, 5/30/2025
How we did on the trades we exited this week.
Dids/Pexels
This Week’s Trade Exits
As soon as I exit a trade, I note that in the comments of the post where I first mentioned the trade; at the end of the week, I try to track them all in one post. Starting in July, 2024, I have also been tracking them in this spreadsheet. These are the trades I exited this week.
Stocks or Exchange Traded Products
None
Options
Put spread on Nvidia (NVDA -2.04%↓). Entered at a net debit of $1.68 on 5/28/2025; exited at a net credit of $0.60 on 5/30/2025. Loss: 64%.
Call spread on Tesla (TSLA -2.51%↓). Entered at a net debit of $1.15 on 3/13/2025; exited (part) at $4.75 on 5/28/2025. Profit: 313%.
Comments
Stocks or Exchange Traded Products
No exits this week, but since I started this Substack in December of 2022, our top names have averaged returns of 16.75% over the next six months, versus SPY’s average of 9.77%. Here’s how our most recent weekly top names cohort to finish its 6-month run has done.
I post Portfolio Armor’s top ten names weekly on this Substack (usually on Thursdays, but we had some technical difficulties last night), but they are also available daily on the Portfolio Armor website and iPhone app.
Options
Nvidia. I’m kind of on the fence about Nvidia here, and judging by how the stock gave back most of its post-earnings gains today, so is the market. It’s not an obvious short or long for me here now, so no more trades on it until it looks obvious again.
Tesla. This was one of the bullish trades we entered during the correction/bear market a couple of months ago. I’ve had a Good ‘Til Canceled order open to exit it since then, and part of it got filled this week.